Market World Disposable Lead Wires Market | страница 3
Regional Insights
North America held a leading position in the overall disposable LWs market in 2015 due to the rising mortality
rates due to cardiovascular disorders and rising healthcare expenditure in countries such as the U.S. Besides,
local presence of key players in the North American region likewise contributes towards the development of
disposable LWs market.
Asia Pacific is expected to gain the most astounding CAGR over the forecast period due to escalating disposable
income and rising prevalence of cardiovascular disorders & hospital-acquired infections (HAIs).
Competitive Insights
The market is considered as price sensitive in nature and there is an intense competition among the players.
Industry players draw in pricing strategies and manufacture products at relatively low prices. Moreover, the
demand for effective products & low cost is rising from the consumer end. The aforementioned elements are
expected to retain the competition at a large level. Moreover, advancement of user-friendly, sustainable
solutions and low cost is anticipated to maintain industry rivalry at a large level.
Major players of this market enter into strategic unions and also acquire new entrants trying to guarantee
sustainability. For instance, in September 2015, Hill-Rom Holdings, Inc. acquired Welch Allyn for USD 2.05
Million. This acquisition empowers Hill-Rom Holdings to decrease healthcare cost for consumers and offer
patient care services with improved efficiency.
Market Segment:
Disposable Lead Wires Material Outlook (Revenue, USD Million, 2014 - 2025)
• TPE
• TPU
• Others
Disposable Lead Wires Machine Type Outlook (Revenue, USD Million, 2014 - 2025)
• 3 Lead
• 5 Lead
• Others
Disposable Lead Wires End-Use Outlook (Revenue, USD Million, 2014 - 2025)
• Hospitals